Mike Wheatley
Latest from Mike Wheatley
AI phishing simulation startup Adaptive Security gets OpenAI funding boost
Adaptive Security Inc. said today it’s expanding its latest funding round with an additional investment from OpenAI’s Startup Fund, bringing its total amount raised to $55 million. Though the company didn’t disclose the exact amount OpenAI has invested, it had raised $43 million when it announced its last funding round in April, which suggests an investment ...
Empromptu promises to transcend vibe coding with AI-generated apps that actually work
A startup called Empromptu Inc. is looking to deliver where all other artificial intelligence-based application building tools have failed. It’s launching what it says is the first platform of its kind to deliver complete, business-ready AI applications that can be relied upon to work in production and integrate smoothly with existing technology systems. Empromptu reckons ...
Monte Carlo debuts a universal observability tool for AI inputs and outputs
Big-data observability startup Monte Carlo Data Inc. is lending its expertise to artificial intelligence with the launch of a new Agent Observability offering that ensures visibility across the full spectrum of data and AI. The company said the new tool will make it easier for teams to detect, triage and fix any reliability issues with ...
Motion lands $38M in funding to expand its agentic AI suite for smaller businesses
Agentic artificial intelligence startup Motion, officially known as Nexusbird Inc., said today it has closed on a $38 million Series C round of funding that brings its total amount raised to date to $75 million and its valuation to $550 million. Today’s round was led by Scale Venture Partners and saw participation from a host ...
Intel reshuffles its executive leadership team as its former co-CEO departs
Intel Corp. Chief Executive Lip-Bu Tan has made sweeping changes to his executive leadership team, waving goodbye to former interim co-CEO Michelle Johnston Holthaus and announcing a series of new appointments. The changes come as Tan intensifies his efforts to transform the struggling chipmaker. Holthaus, who was serving as CEO of Intel Products, appears to have ...
Chipmaker Ambiq Micro’s stock tanks on disappointing post-IPO results
Artificial intelligence chipmaker Ambiq Micro Inc. today delivered its first quarterly earnings report since going public in July, but investors were unimpressed with its results and voted with their feet, sending its stock lower after-hours. The company reported a second-quarter loss before certain costs such as stock compensation of 44 cents per share, in-line with ...
UiPath tops expectations and swings to a profit on solid AI momentum
UiPath Inc. raised its full-year revenue outlook after cruising past Wall Street’s expectations and swinging to a profit in its latest quarterly results, powered by momentum in its artificial intelligence products. The automation software provider reported second-quarter earnings before certain costs such as stock compensation of 15 cents per share, trouncing the analyst consensus estimate, ...
Broadcom’s stock surges to all-time high after $10B in new AI chip orders
Broadcom Inc. beat expectations again for its latest financial results, driven by insatiable customer demand for artificial intelligence chips. The chipmaker also revealed it had secured $10 billion in new orders for custom chips from a new client, sending its stock higher in extended trading. The company reported third-quarter earnings before certain costs such as ...
Agentic AI identity verification startup Vouched gets $17M to build trust in autonomous agents
An identity verification startup called Vouched Identity Inc. is turning its attention away from humans to focus on artificial intelligence agents after raising $17 million in a Series A round of funding today from Spring Rock Ventures. The startup has made a name for itself as a provider of digital identity verification tools, with its ...
C3.ai’s stock crumbles on ‘unacceptable’ results, but new CEO promises to turn things around
Artificial intelligence software company C3 AI Inc.’s stock was battered and bruised in extended trading, down more than 10% after it delivered disappointing financial results and a weak outlook. That happened despite the company’s best efforts to generate optimism over the appointment of former Trump administration official Stephen Ehikian as its new chief executive, replacing ...